The tripartite cooperation council did not reach accord on extending the differentiated VAT rate until the end of the pandemic.
The caretaker cabinet wants the tax to be 9% for food and non-alcoholic beverages served at eating and drinking establishments, baby products, books, tour operator services and use of sports facilities. The Bulgarian Industrial Association is insisting on the introduction of a lower VAT rate for all food and non-alcoholic beverages. The Finance Ministry says that this will mean more than 500 million euro less for the treasury. The TUs are demanding a reduction of VAT overall from 20% to 15% and oppose the differentiation.
The biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria, warned there will be protests if there are 15% staff cuts in public administration, as proposed by former Minister of Finance Assen Vassilev from We Continue the Change.
Bulgaria’s Minister of Foreign Affairs Georg Georgiev represented Bulgaria at the regular meeting of the EU Foreign Affairs Council in Brussels, the Ministry of Foreign Affairs reported. Minister Georgiev emphasized Bulgaria’s consistent..
According to the organisers of the Dir.bg website, the awards for the eighth edition of the Web Report ethical journalism competition will be presented at a ceremony on 21 May. The competition aims to showcase and reward journalistic excellence,..
On Wednesday, minimum temperatures will range from 8 to 14°C. In Sofia, it will be around 8°C. During the day, cloud cover will increase from west to east, with light rain possible in some western areas before noon. There is a heightened probability of..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
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